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Chilean Power Prices: Aurora’s Long-Term Forecast and Alternative Scenarios

December 2 @ 11:00 am - 12:00 pm SMT

Chile’s power market is at a pivotal moment, witnessing transformations that will shape its future. Recently, the Chilean National Electricity System has seen unprecedented hourly and locational price fluctuations, with curtailment increasing by 81% from 2022 to 2023. This trend is driven by the growing share of intermittent renewable capacity, primarily solar and wind, which accounted for approximately 37% of total capacity by the end of 2023.

As geographical supply-demand imbalances are expected to intensify with intermittent capacity continuing to increase away from demand centers, the power system faces diverse challenges that will impact power pricing across the country.

In this context of uncertainty, this webinar aims to offer an outlook for Chilean power prices under different scenarios.  Alongside the Central outlook, we will present alternative scenarios to reflect a range of possible futures.

Key questions to be addressed include the following:

  • What is our view for nodal hub power prices out to 2060 in Chile?
  • How will the generation mix and installed capacity by technology evolve in the long run?
  • How will capture prices for renewables develop as more wind and solar capacity is installed?
  • How will power transmission grid expansion and the integration of storage technologies influence long-term power prices?
Register

Registration Instructions:

1) Create a free basic Zoom account with your company email address if you do not already have one.
2) Register for the webinar and add the Zoom confirmation to your calendar.
3) Join on the day from the link in your calendar invitation, signing into your Zoom account when asked.

If you have not joined an Aurora webinar before, please check that your organisation’s firewall permits access to Zoom. Personal domains incl. Gmail/Hotmail will be rejected at the point of attendance.

Details

Date:
December 2
Time:
11:00 am - 12:00 pm SMT
Event Category:

Other

Service
Chilean Power & Renewables